Birkenstock shares are trading lower Monday after the company announced the launch of a secondary public offering of up to 14 million ordinary shares. Here's a look at what to know:
SolarEdge Technologies shares are trading lower after-hours Monday after the company announced its intentions for a $300 million private offering.
Allarity Therapeutics shares are trading lower by 27.6% during Monday's session. The company announced that it received a noncompliance letter from the Nasdaq.
Nu Holdings Ltd. (NYSE: NU) shares are trading lower on above-average volume Monday despite positive analyst coverage. Jefferies analyst Inigo Vega maintained a Buy rating on Nu Holdings on Monday and raised the price target from $10.80 to $15.20.
Arrowhead Pharmaceuticals shares are trading higher by more than 6% during Monday's session. The company announced that it presented preclinical data on ARO-INHBE.
Rivian Automotive shares are trading higher Monday following a report suggesting the company has simplified its output and cut costs.
Eli Lilly and Co (NYSE: LLY) shares are moving higher Monday following the release of positive Phase 3 trial results for its weight loss drug, tirzepatide, marketed as Zepbound.
BlackBerry Limited (NYSE: BB) is scheduled to report first-quarter fiscal 2025 results on Jun 26. The Zacks Consensus Estimate is pegged at a loss of 4 cents per share, unchanged in the past 60 days. The company reported earnings per share of 6 cents in the prior year quarter.
General Mills, Inc. (NYSE: GIS) is likely to register a top and bottom-line decline when it reports fourth-quarter fiscal 2024 earnings on Jun 26. The Zacks Consensus Estimate for revenues is pegged at $4.87 billion, which indicates a 3.1% decrease from the year-ago period.
U.S.
Shares of Argenx (NASDAQ: ARGX) rose nearly 4% on Friday after management announced that the FDA approved its subcutaneously administered Vyvgart Hytrulo (efgartigimod) for a second indication — chronic inflammatory demyelinating polyneuropathy (CIDP).
Spectrum Brands Holdings Inc. (NYSE: SPB) looks well-poised for growth, thanks to its robust strategic efforts. The company is benefiting from increased pricing, cost improvements and a favorable mix.
Floor & Decor Holdings, Inc. (NYSE: FND) focuses intently on expanding its market share by opening new warehouse-format stores, capitalizing on its everyday low prices and value-driven options, diversified and in-style product offerings, and valuing customers' demand trends.
Pure Storage, Inc. (NYSE: PSTG) recently announced three cutting-edge Storage-as-a-Service (STaaS) service-level agreements (SLAs) for the Pure Storage platform to aid enterprises in ensuring data protection and infrastructure resilience.
Aptiv PLC (NYSE: APTV) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
BRC Inc. (NYSE: BRCC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
Crescent Capital BDC (NASDAQ: CCAP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
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